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Sold for $1,452,000
  • Listing Provided by: 

    Jackson Jorgensen DRE #02022727 jackjorgs@gmail.com,

    Younglewin Advisors, Inc.

    Bought with: NONMEMBER MRML
    $1,452,000

    9032 Burma Rd, Pico Rivera, CA 90660

    9beds
    4baths
    4,616sqft
    Quadruplex
    Built in 1952
    -- sqft lot
    $1,419,000 Zestimate®
    $315/sqft
    $2,446 Estimated rent

    Home value

    $1,419,000

    $1.28M - $1.58M

    $2,446/mo

    Zestimate® history
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    $2,446/mo

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    Rent Zestimate®

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    $8,948/mo

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    $8,948/mo

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    What's special

    We are pleased to present to market 9032 Burma Road in Pico Rivera, CA. With a phenomenal unit mix of large units averaging 1,154 square feet the property consists of all two and three bedroom units, 40% rental upside, and a large 3 bed owners unit. This presents a great opportunity for a seasoned or owner user investor to acquire a turn key building in a great sub market of Los Angeles. 9032 Burma Road consists of a large 3 bed/1 bath house built in 1952, and three 2 bed/2 bath units in the rear that were built in 1989. There are three single car garages in the rear of the property along with ample space for more parking. The property is separately metered for gas and electricity. Pico Rivera currently has no municipal rent control and this property falls under AB-1482 allowing for higher rent increases. The property lies on a quiet street surrounded by new construction buildings and is minutes away from the 605 and 5 freeways making it ideal for commuters.

    Zillow last checked: 8 hours ago

    Listing updated: July 23, 2024 at 05:07pm

    Listing Provided by:

    Jackson Jorgensen DRE #02022727 jackjorgs@gmail.com,

    Younglewin Advisors, Inc.

    Bought with:

    General NONMEMBER, DRE #00936428

    NONMEMBER MRML

    Source: CRMLS,MLS#: PW24060420MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,616
    • Total interior livable area: 4,616 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 9,979 sqft
    • Features: Front Yard
    Details
    • Parcel number: 6381017017
    • Zoning: PRRM-SF*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Pico Rivera

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    7/23/2024Sold$1,452,000-3.2%$315/sqft
    Source: CRMLS #PW24060420 Report a problem
    6/20/2024Contingent$1,500,000$325/sqft
    Source: CRMLS #PW24060420 Report a problem
    5/14/2024Price change$1,500,000-3.2%$325/sqft
    Source: CRMLS #PW24060420 Report a problem
    4/25/2024Price change$1,550,000-3.1%$336/sqft
    Source: CRMLS #PW24060420 Report a problem
    3/27/2024Listed for sale$1,600,000$347/sqft
    Source: CRMLS #PW24060420 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,410 +34.1%$1,452,000 +35.9%
    2024$15,962 +2.8%$1,068,458 +2%
    2023$15,520 +4.7%$1,047,509 +2%

    Find assessor info on the county website

    Neighborhood: 90660

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,419,000